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Andrew King Energy4All Presentation
 

Andrew King Energy4All Presentation

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As part of the Innovation Manchester Boardroom: The Formula for Cooperation Andrew King, CEO and Founder of Energy4All presented how a Cooperative model has worked for his organisation.

As part of the Innovation Manchester Boardroom: The Formula for Cooperation Andrew King, CEO and Founder of Energy4All presented how a Cooperative model has worked for his organisation.

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    Andrew King Energy4All Presentation Andrew King Energy4All Presentation Presentation Transcript

    • Andrew King Chairman, Energy4All
      • Background. Why do we exist?
      • Principles
      • What do we do?
      • Business Challenges?
      • Achievements?
      • Lessons
      ENERGY4ALL
    • Background Why do we exist?
    • Principles
      • We seek to combine…..
      • Co-op / Environmental Ethics
      • with
      • Business Professionalism
    • What do we do? We ‘facilitate’ community ownership Note: Sector Characteristics Why Co-ops? Why Regulated offers? Why Wind?
      • Sector Issues – Scale / cost / Planning / Variables etc.
        • Deals with the devil?
      • A minnow amongst sharks?
        • USPs? Unique / flexible / Co-op family
        • Professionalism - vital
        • Earning a living – SME issues
      • Ethics vs profits?
        • Members Motivations
        • Gearing dilemmas
        • Democracy vs. effectiveness? Long term relationships
      Business Challenges?
    • Achievements?
      • Since 2002……..
      • 9 projects trading
      • £14m equity raised + £ 7m borrowed
      • >7,500 members
      • Returns
        • Social / environmental
        • Financial
    • E4All Projects Millennium Ben Aketil Boyndie Kilbraur Fenland Baywind Westmill Findhorn Community Co-ops owning turbines Community co-ops owning stakes Also: ENERGY PROSPECTS CO-OP Pre-planning developments
    • Key Lessons
      • Co-op structure flexible and effective
      • High skill / performance levels essential - credibility
      • Huge latent support for community engagement
      • Potential in many other sectors?
    • Energy4All Core Structure 2010 Andrew King Chair Marna McMillin CEO Stephen Andrews Non-exec Annette Heslop Admin / Accounts Director Tammy / Steph / Sue / Claire John Malone England Dev Dir Jon Halle Mark Jennison Scotland Dev Dir Paul Phare Mike Smyth Non-exec Simon Williams Non-exec